PALM BEACH, FL - A four-letter “.com” domain name has been purchased for the staggering price of $15 million dollars. NFTS.com was first registered approximately 18 years ago, likely for $10.00 or $20.00. Who knew that the letters “NFTS” would become a four-letter acronym for “non-fungible tokens,” - unique cryptographic tokens? Four letter domains, often referred to as "LLLL" domains, are relatively scarce. There are roughly 457,000 possible four-letter combinations and … [Read more...]
Buyer of Record-Breaking Domain Sale, “Voice.com”, Ordered to Pay $24M SEC Fine
PALM BEACH, FL – On May 30, 2019, the domain name “Voice.com” was sold in a record-breaking all-cash transaction that has officially gone down in the history books as the highest valued domain name sale ever on record when Blockchain company “Block.one” purchased the .com web address from MicroStrategy Incorporated (Nasdaq: MSTR) for $30,000,000.00. The sale lit-up the domain industry when it was announced in June of this year in a MicroStrategy press release. Domain … [Read more...]